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Dec 17, 2012
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i'm ross westgate. and i'm kelly evans. >> japan's prime minister wastes no time on calling on the bank of japan to recognize support after a land slide win returning the dlp to power. >>> get a little, give a little, house speaker john boehner may be willing to raise taxes on the wealthy if president obama allows entitlement cuts in return. >>> and corporate news weighs on sentiment across europe. kpn shares fall after dividend and greco stocks plunges as analysts cut their outlook for the uk power group. >> okay. welcome. it's the start of a brand new week here on "worldwide exchange." and don't adjust your set, kelly and i are together. >> for once, for a day. >> but make the most of it because it won't be lasting. >> if only there were a slo-mo. >> i'm going to enjoy as much as i can of today. >> and likewise. and then we're going to have to get all of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. r
i'm ross westgate. and i'm kelly evans. >> japan's prime minister wastes no time on calling on the bank of japan to recognize support after a land slide win returning the dlp to power. >>> get a little, give a little, house speaker john boehner may be willing to raise taxes on the wealthy if president obama allows entitlement cuts in return. >>> and corporate news weighs on sentiment across europe. kpn shares fall after dividend and greco stocks plunges as analysts cut...
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Dec 3, 2012
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i'm ross westgate. here are your headlines. chinese factories pick up the pace in november, both hsbc and the official pmi readings hit multimonth highs, both in expansion territory. it's another month of contraction for manufacturing in the eurozone. the region still in the grip of the crisis. white house and congress may need to call the auto club to jump-start budget talks which have stalled on discussions over taxes. and singapore airlines confirms it's in talks to sell its stake in virgin atlantic. delta is amongst the frontrunners. comes around quickly. december, we're already here. not long before christmas and we have the november final pmis out of the eurozone confirmed at 46.2. that was the flash, 45.4 was october. so slightly higher. the highest since march. but 46 still deep in contraction territory. output numbers, 46.1. so that's going in the right direction. and the final manufacturing pmi export orders 46.4. again, a tick higher than the 45.9 flash, the highest since march. so the contraction activity easing to
i'm ross westgate. here are your headlines. chinese factories pick up the pace in november, both hsbc and the official pmi readings hit multimonth highs, both in expansion territory. it's another month of contraction for manufacturing in the eurozone. the region still in the grip of the crisis. white house and congress may need to call the auto club to jump-start budget talks which have stalled on discussions over taxes. and singapore airlines confirms it's in talks to sell its stake in virgin...
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Dec 7, 2012
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i'm ross westgate. a one meter high tsunami hits the ming a sgi pre miyagi prefecture as a 7.3 earthquake strikes. job growth in the u.s. is expected to have slowed significantly in november. and bundesbank sharply lowers germany growth outlook for next year, down to a mere 0.4%. very good morning to you. slim gains yesterday for u.s. markets. right now we're called marginally higher. pretty flat opening actually. dow seven points below fair value. the nasdaq mini currently some four points below fair value and the s&p 500 also about 1.4 points below fair value, as well. so a cautious start. ftse yesterday up nine. right now flat. xetra dax currently just down four points, but it's at levels we haven't seen since january 15, 2008. and up nearly 28% this year. cac 40 up four point, ibex down half of 1%. despite sharply lower growth forecasts from both the ecb and the bundesbank again this morning. what it has done of course is help push down yields on bunds. you can see here this morning we're slightly h
i'm ross westgate. a one meter high tsunami hits the ming a sgi pre miyagi prefecture as a 7.3 earthquake strikes. job growth in the u.s. is expected to have slowed significantly in november. and bundesbank sharply lowers germany growth outlook for next year, down to a mere 0.4%. very good morning to you. slim gains yesterday for u.s. markets. right now we're called marginally higher. pretty flat opening actually. dow seven points below fair value. the nasdaq mini currently some four points...
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Dec 10, 2012
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diana ross and korean rapper psy performed. proceeds go to the children's national medical center. the concert airs this month on tnt. >> "gangnam style" will never go away. it's happened to everyone. you get into an important meeting or conversation. one college basketball head coach decided to answer the call. [ phone ringing ] >> you know, because -- hold on one second. [ laughter ] >> hello? >> louisville head coach rick patino's post game press conference was interrupted. the phone belonged to one of the reporters. the caller asked if he wanted to join them for drinks afterwards. coach took his time and declined poli politely. >> i'm surprised he answered it. we'll look at some of the stories we are following this afternoon. pat joins us with a preview of things to come. pat? >> -- also today, a widening scandal around the puppeteer who made elmo famous. >>> coming up at 5:00 today, we go inside the high tech lab where toys are tested for safety. you will want to watch this before you shop for the holidays. those stories and more coming up this afternoon on news 4 start agent
diana ross and korean rapper psy performed. proceeds go to the children's national medical center. the concert airs this month on tnt. >> "gangnam style" will never go away. it's happened to everyone. you get into an important meeting or conversation. one college basketball head coach decided to answer the call. [ phone ringing ] >> you know, because -- hold on one second. [ laughter ] >> hello? >> louisville head coach rick patino's post game press conference...
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Dec 4, 2012
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. >> thank you, ross.not the last. >> thank you, ross. shanghai composite recovered from its four year low as property financials, rebounded. shale gas and geothermal plays also rallied as beijing plans to cut its annual coal consumption target by 2015. the hang seng finished m eed marginally in the green. losses in the services sector capped the up side. in japan, down beat manufacturing data spurred profit taking on exporters, but sharp shares gained on a deal with qualcomm. more on that coming up from tokyo. south korea kospi also lost a quarter of a percent today. heavy weight cost company underperformed as investors fear the possible bid for canadian mine may hurt it balance sheet. sherry has more details on that later. and in australia, investors shrugged off the rba rate cut which was largely priced in. we'll have more on that, as well. banks, miners and defensive stocks broadly lower. sensex trading higher by 0.2%. back to you. >> catch you a little later. that's the latest from singapore. let's ge
. >> thank you, ross.not the last. >> thank you, ross. shanghai composite recovered from its four year low as property financials, rebounded. shale gas and geothermal plays also rallied as beijing plans to cut its annual coal consumption target by 2015. the hang seng finished m eed marginally in the green. losses in the services sector capped the up side. in japan, down beat manufacturing data spurred profit taking on exporters, but sharp shares gained on a deal with qualcomm. more...
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Dec 21, 2012
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ross westgate is away. i'm kelly evans and these are your headlines from around the world. a setback for negotiations between congress and the white house as house speaker john boehner's plan b fails with just ten days left until the fiscal cliff deadline. >>> markets are trading lower around the world on that news. ars, arse announcing make write-do write-downs. >>> and maybe there are just two hours to go before the end of the world. reports suggest there is panic buying around the world as the mayan calendar chicagos towards its cataclysmic conclusion. >>> well, let's check in on markets. if we can brick them in behind me, here is what's going on. u.s. futures, we see the s&p, nasdaq and dow jones all pointed well to the down sides. thin trading does tend to exacerbate the knee jerk reaction we saw out of the news on washington last night. so it looks like the dow could shed 160 points at the open. we'll keep an eye on this throughout the morning. across europe, the mood has been pretty quick, too. the ibex 35 down by a third. the xetra dax underperforming and the ftse 1
ross westgate is away. i'm kelly evans and these are your headlines from around the world. a setback for negotiations between congress and the white house as house speaker john boehner's plan b fails with just ten days left until the fiscal cliff deadline. >>> markets are trading lower around the world on that news. ars, arse announcing make write-do write-downs. >>> and maybe there are just two hours to go before the end of the world. reports suggest there is panic buying...
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Dec 10, 2012
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in geneva, ross westgate will be with us next. ross, what have you got for us? >> would he have been talking to a lot of companies that build up to these trade links, about how they're getting shielded from the global sectors and more opening up of trade. we'll hear from the ceo when we come back from "worldwide exchange." , >>> it's a trade link today. the numbers, the trade disputes this year has gone up. but some global reaches help some companies against the impact. parading at a local level in some companies has given them some form of protection. >> we make fragrances and flavors which go into a really wide variety of products. you know, from the soap, the basic soap that you would see in emerging markets such as china or even africa nowadays to snacks, to instant noodles in asia. but it also goes all the way to luxury fragrances. so that makes, you know, in the first place a very significant difference. we are dealing with day-to-day needs of the end consumers. yet the global economy, the weaknesses that you could see temporarily and that we could see in
in geneva, ross westgate will be with us next. ross, what have you got for us? >> would he have been talking to a lot of companies that build up to these trade links, about how they're getting shielded from the global sectors and more opening up of trade. we'll hear from the ceo when we come back from "worldwide exchange." , >>> it's a trade link today. the numbers, the trade disputes this year has gone up. but some global reaches help some companies against the impact....
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Dec 11, 2012
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. >> thank you, ross. the shanghai composite lost more ground in late trade after a four-day winning streak. agriculture, industrials and commodities puddle back after investors lost profits. but some rebounded after producers refuted contamination allegations with inspection reports. in hong kong, financials lent support to the hang seng, closing around a 15-month high. elsewhere, the nikkei ended lower by just a tad as exporters weakness. short sales rallied almost 7% after getting an additional $240 million loan. meanwhile, south korean shares were boosted by ship exporters. in australia, miners and bankers led support to the asx ending higher largely by 4%. back to you. >> all right. thanks for that. catch you a little later. >>> now, berlusconi and bersani are already exchanging blows after what's considered to be a controversial moment in italy. berlusconi has announced he's creating a new center right grouping. meanwhile, mario monti has been accused oversimplifying solutions during the fiscal crisi
. >> thank you, ross. the shanghai composite lost more ground in late trade after a four-day winning streak. agriculture, industrials and commodities puddle back after investors lost profits. but some rebounded after producers refuted contamination allegations with inspection reports. in hong kong, financials lent support to the hang seng, closing around a 15-month high. elsewhere, the nikkei ended lower by just a tad as exporters weakness. short sales rallied almost 7% after getting an...
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Dec 14, 2012
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i think ross westgate gets my nod. we'll see if maybe he comes out ahead in our unofficial reader poll. staying on that topic, the financial times has named its person of the year. we'll tell you who it is and talk to the newspaper's editor when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shi fedex o. >>> you're watching "worldwide exchange." shanghai shares see their biggest gain in more than three years. flash pmi data suggests domestic demand is strong enough to boost growth. mixed signals from flash pmi data in the eurozone, business activity expands for the first time sips april, but we see contraction for the 11th consecutive month. >>> and japan's reading comes two days before a nationwide vote that polls suggest will hand the lpd opposition a landslide win.
i think ross westgate gets my nod. we'll see if maybe he comes out ahead in our unofficial reader poll. staying on that topic, the financial times has named its person of the year. we'll tell you who it is and talk to the newspaper's editor when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male...
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Dec 11, 2012
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. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member states has been plunged into crisis. >> first data appeared that italy was facing the prospect -- first, it appeared that italy was facing the prospect of uncertainty as mario monti appeared to be on the prospect of resigning. that pushed the stock market into a downward slide. >> in the last couple of hours, prime minister mario monti has come out and said he is not planning to step down in the near future after all, and that the nervous reaction in the markets should not be dramatized. >> investors are already nervous about what mario monti's early departure could spell for the eurozone. his tough 2013 budget, targeting a deficit of just 1.8% of gdp, is expected to pass by christmas.
. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member states has been plunged into crisis. >> first data appeared that italy was...
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Dec 5, 2012
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you just nailed it, ross. three things which are going to come up today, which he has very little control over. one is that obr reckoning on the uk economy. thought only back in march it was going to grow -- pain a negative growth for the year. next year they thought it was going to be 2% growth. it's probably only going to be 1%. in terms of those two targets you mentioned, eradicating the structural deficit in a five-year period, that's going to have another couple of years. >> right. now, there we go. you can see jim there in egypt. i wonder whether we should just go as we've decided to cut to him or maybe we can bring steve back. right. we'll try and reestablish steve. we will be going to jim to talk about egypt. we've also got judy standing by. steve, you were brutally cut off in your prime. so let's talk about -- let's get back to the point where you were at, which is talking about the structural deficit. >> yeah, i think that's where you cut me off in my prime. but anyway, the deficit is clearly not goi
you just nailed it, ross. three things which are going to come up today, which he has very little control over. one is that obr reckoning on the uk economy. thought only back in march it was going to grow -- pain a negative growth for the year. next year they thought it was going to be 2% growth. it's probably only going to be 1%. in terms of those two targets you mentioned, eradicating the structural deficit in a five-year period, that's going to have another couple of years. >> right....
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Dec 19, 2012
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ross westgate will be back here on friday. so we'll see you back then. maybe tomorrow, too. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good morning, fiscal cliff countdown. house republicans unveiling what they're calling plan b. >>> tech toughness. oracle sales will stay strong into the new year despite fears of tax hikes and spending cuts. >>> plus, libor rigging.
ross westgate will be back here on friday. so we'll see you back then. maybe tomorrow, too. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary...
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Dec 19, 2012
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andrew ross sorkin is out today. we hope he's feeling better soon. >>> as we've been talk being the fiscal cliff this week, president obama and speaker boehner appear to be inching toward a deal. last night republicans announced plan b in case talks fail. they'll be moving to pass their own tax bill as a backup plan to avert the tax hikes. and the automatic budget cuts set to happen next month. it would extend low tax rates except on those with incomes of $1 million and above. president obama's latest position puts that threshold at $400,000. >> at this point, having a backup plan to make sure that as few american taxpayers are affected by this increase as possible. >> now no one expects that the gop bill will pass the democratic-controlled senate. in fact, harry reid said forget it, they're not going to be passing any of these things. but this is another option out this. and it does change the dynamics in terms of who's going to be blamed for raising taxes. we'll see how this plays out. >>> among our guests on the t
andrew ross sorkin is out today. we hope he's feeling better soon. >>> as we've been talk being the fiscal cliff this week, president obama and speaker boehner appear to be inching toward a deal. last night republicans announced plan b in case talks fail. they'll be moving to pass their own tax bill as a backup plan to avert the tax hikes. and the automatic budget cuts set to happen next month. it would extend low tax rates except on those with incomes of $1 million and above....
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Dec 12, 2012
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i'm ross westgate. >> i'm kelly evans. these are your headlines from around the world -- >> opec ministers expect to agree on keeping their output target. talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher outp
i'm ross westgate. >> i'm kelly evans. these are your headlines from around the world -- >> opec ministers expect to agree on keeping their output target. talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match...
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martian moons that never got further than earth's atmosphere they had at the top levels of management of ross cosmos and they'll be some organizational changes to try and improve their record it must be said none none of those areas happening with manned missions all of those from it including this one having gone well it without any and you hitches it with these three three crew on the way up to the international space station they'll be docking there in a couple of days will be docking there in a couple of days' time and there they will start their stint countries on the international space station. up next from our studios in washington d.c. abby martin takes on the mainstream media internet knights breaking the set. i. she good leverage surely to mccurry was able to build a new most sophisticated robot which fortunately doesn't give a darn about anything tunes mission to teach music creation why it should care about humans and work this is why you should care only. if you live on one hundred thirty three bucks and try it because you know how fabulous i'd love. to eat i mean. i know that i
martian moons that never got further than earth's atmosphere they had at the top levels of management of ross cosmos and they'll be some organizational changes to try and improve their record it must be said none none of those areas happening with manned missions all of those from it including this one having gone well it without any and you hitches it with these three three crew on the way up to the international space station they'll be docking there in a couple of days will be docking there...
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Dec 27, 2012
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ross is away. these are your headlines from around the world. president obama and congress return to work today with little progress seen on a deal to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks m
ross is away. these are your headlines from around the world. president obama and congress return to work today with little progress seen on a deal to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s....
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the martian moons that next to atmosphere there have been changes at the top levels of management of ross cosmos and they'll be some organizational changes to try and improve their records and must be said none none of those errors happening with manned missions all of those. including this one having gone well it without any and you hitches it with these three three crew on the way out to the international space station they'll be docking there in a couple of days' time and there they will start their stint representing humanity and their countries on the international space station. and a fine job we'll do to wish him all the best is coming out here live at the our news complex tonight thank you for being with us you are just a few minutes away tonight from the latest financial from washington d.c. our studios there waiting in the way. the ride that takes your breath away through eating across the skies over the monish who do know the biggest salt lake in europe and more than two hundred species of birds but also it is them are on the verge of extinction and these islands in the south o
the martian moons that next to atmosphere there have been changes at the top levels of management of ross cosmos and they'll be some organizational changes to try and improve their records and must be said none none of those errors happening with manned missions all of those. including this one having gone well it without any and you hitches it with these three three crew on the way out to the international space station they'll be docking there in a couple of days' time and there they will...
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Dec 17, 2012
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i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share
i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see...
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Dec 14, 2012
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family dollar down more than 7% and dollar general off 6% and ross stores losing more than 4% and walmart, the world's largest retailer, the biggest loser of the dow 30 for the week. j.c. penney shares up more than 15% this week. the s&p 500's biggest weekly gainer. material, the week's biggest gainer, cliff natural resources up 14% and u.s. steel up 8.5%, but by far the biggest talker of the week is a. just two analysts today warning that iphone sales might be less than they were expecting. the stock down almost 5% for the week and dragging the nasdaq down right along with it. see that happen almost every time. thanks so much. >> courtney reagan with the latest. want to update you on the tragic school shooting in connecticut. let's get to nbc's chris polone. chris? >> reporter: yeah, maria, this is a stunned community as is much of the northeast and the country upon hearing of the awful event that happened here today in newtown, concould. police briefed the media giving the latest information, and here's what we know so far. 26 total victims, 20 of them young children. civics them were a
family dollar down more than 7% and dollar general off 6% and ross stores losing more than 4% and walmart, the world's largest retailer, the biggest loser of the dow 30 for the week. j.c. penney shares up more than 15% this week. the s&p 500's biggest weekly gainer. material, the week's biggest gainer, cliff natural resources up 14% and u.s. steel up 8.5%, but by far the biggest talker of the week is a. just two analysts today warning that iphone sales might be less than they were...
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Dec 20, 2012
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jeff has tweeted in to say hope you and ross still have leftover twinkies. they are sure to survive the end of the world. that is for sure. we were stockpiling them just in case. and ross will be back here tomorrow. thank you very much for tuning in. >>> good morning. among our top stories, nyse and euro next merger talks. the deal could be announced as early as today. >>> fiscal cliff negotiations and brinkmanship, republicans set to vote today on extending tax cuts for those making ls
jeff has tweeted in to say hope you and ross still have leftover twinkies. they are sure to survive the end of the world. that is for sure. we were stockpiling them just in case. and ross will be back here tomorrow. thank you very much for tuning in. >>> good morning. among our top stories, nyse and euro next merger talks. the deal could be announced as early as today. >>> fiscal cliff negotiations and brinkmanship, republicans set to vote today on extending tax cuts for those...
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Dec 10, 2012
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andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >> that's like betting your count
andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't...
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Dec 18, 2012
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here's abc's brian ross. >> reporter: increasingly, adam was so troubled he would not leave the house. and his mother, nancy, the last few months, told friends she was losing control of her 20-year-old son. >> it was just getting a little harder for her as time went on. >> reporter: nancy lanza was a regular here at this newtown bar and restaurant where the owners say she told them about her struggles with adam's behavioral problems for years. >> she home schooled him and everything. i knew he was on medication, but that's all i know. >> reporter: since elementary school at sandy hook through high school, adam was known by classmates as change, severely shy. >> he hated looking at your eyes for more than a couple seconds. he would always look down at his paper or whatever he was doing. >> reporter: a former babysitter says he was told by the mother to never leave adam alone. >> never go to the bathroom or turn your back on him at any time. >> reporter: the former school security director, who became close to adam when he was in the high school tech club, said adam had several disorder
here's abc's brian ross. >> reporter: increasingly, adam was so troubled he would not leave the house. and his mother, nancy, the last few months, told friends she was losing control of her 20-year-old son. >> it was just getting a little harder for her as time went on. >> reporter: nancy lanza was a regular here at this newtown bar and restaurant where the owners say she told them about her struggles with adam's behavioral problems for years. >> she home schooled him...
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Dec 10, 2012
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and so, you know, where they lost some of these customers was to places like sears, walmart, to ross and tjmaxx. regaining that customer back is going to be difficult, as we head into next year and beyond. you know, i do think some semblance of the long-term vision that ron laid out back in january can potentially be here longer term but i just don't know how many pieces of that pie are going to be intact. >> all right, matthew, thank you for your time. matthew over at jpmorgan. where do you stand, pete, on jcpenney and what do you see in terms of befting either way? >> on jcpenney, the paper is constant in there and everybody is trying to pick bottoms and being wrong. and the stock continues to break down. credit to stephen weiss, who has been all over this. he mentioned, actually, he was talking about sears holdings taking away some of that, and that becomes an interesting story. because if sears can reinvent themselves and maybe they're being able to do it quicker than jcpenney, that could be a turnaround story that's well worth watching opposed to jcp -- >> you think sears is tur
and so, you know, where they lost some of these customers was to places like sears, walmart, to ross and tjmaxx. regaining that customer back is going to be difficult, as we head into next year and beyond. you know, i do think some semblance of the long-term vision that ron laid out back in january can potentially be here longer term but i just don't know how many pieces of that pie are going to be intact. >> all right, matthew, thank you for your time. matthew over at jpmorgan. where do...
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Dec 7, 2012
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i'm becky quick along with joe kernen and steve liesman who is in for andrew ross sork been. the futures are weaker this morning. the dow futures only down 15 points right now so they've shown some improvement. s&p futures down 1 1/2 points. investors focused on the november jobs report which is out 90 minutes from now. the dow jones forecast is calling for 80,000 new nonfarm jobs for november with the unemployment rate remaining at 7.9%. reuters is expecting 93,000 jobs. >>> there's no deal to resolve the fiscal cliff but there are indications of inside-the-scenes talk. the white house told reporters that lines of communication remain open not sure exactly what that means but a spokesman for house speaker john boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this morning, the same area as the devastating march 2011 quake. but there was a tsunami warning canceled and reports of injuries or damage even tho
i'm becky quick along with joe kernen and steve liesman who is in for andrew ross sork been. the futures are weaker this morning. the dow futures only down 15 points right now so they've shown some improvement. s&p futures down 1 1/2 points. investors focused on the november jobs report which is out 90 minutes from now. the dow jones forecast is calling for 80,000 new nonfarm jobs for november with the unemployment rate remaining at 7.9%. reuters is expecting 93,000 jobs. >>>...
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Dec 28, 2012
12/12
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i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both
i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >>...
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Dec 13, 2012
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gary ross. thank you so much for coming by. appreciate it. >>> i want to quickly mention what's happening over here with regard to italy. bersani, leader of the party that could potentially take over those elections next year is out with a couple of comments this morning. he's saying monti, that is mario monti, could give us a hand with markets that first moves in any government would regard civic issues that beryl scone neeps ae goal is to distract the public, that italy needs even more reforms than monti's. he the italy anticipate left party and is trying to cast his policy very much with outgoing mario monti is doing calling berlusconi a distraction. and monti suggesting that he is right. >>> now, reynolds shares get a jump start as the carmaker gets a boost from volvo. find out more about that when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get
gary ross. thank you so much for coming by. appreciate it. >>> i want to quickly mention what's happening over here with regard to italy. bersani, leader of the party that could potentially take over those elections next year is out with a couple of comments this morning. he's saying monti, that is mario monti, could give us a hand with markets that first moves in any government would regard civic issues that beryl scone neeps ae goal is to distract the public, that italy needs even...
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Dec 24, 2012
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i'm andrew ross sorkin along with joe kernen. becky quick is off today. our best host this hour, alexander ladenthal. we have a lot to cover with her this morning. here we are, christmas eve. it's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass
i'm andrew ross sorkin along with joe kernen. becky quick is off today. our best host this hour, alexander ladenthal. we have a lot to cover with her this morning. here we are, christmas eve. it's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open...
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Dec 3, 2012
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andrew ross sorkin is off today. probably not awake i would say right now. i can tell you he's in the same time zone. but probably not up. definitely not watching. he may have someone watching for him, though, because he has a lot of people -- >> he tivos. >> but he's not at home. the place where he is like a staff, and he may have someone just watching cnbc that's their only job. they probably don't understand because they don't speak english, but they're probably watching us hopefully with spanish subtitles. let's check out the economic calendar. two key reports both due at 10: 10:00, october construction spending and ism manufacturing index. also today, the nation's automakers will report on november vehicle sales. and it's also the first week of december. do you know what that means? jobs friday seems to be less important than it used to be. just around the corner. here to give us his take on the jobs picture and the economy is anthony chan at chase wealth management and barry knapp and richard bernstein. have yo
andrew ross sorkin is off today. probably not awake i would say right now. i can tell you he's in the same time zone. but probably not up. definitely not watching. he may have someone watching for him, though, because he has a lot of people -- >> he tivos. >> but he's not at home. the place where he is like a staff, and he may have someone just watching cnbc that's their only job. they probably don't understand because they don't speak english, but they're probably watching us...
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Dec 10, 2012
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>> how about ross to wear the dickey and nothing else? >> we treat interns so well, so incredibly well. >>> we'll chat with the cast of "les miserables" but first we'll look at some local news. >> this is wbal-tv 11 news today in baltimore. >> good morning. i am mindy basara. here is traffic pulse 11 and sarah caldwell. >> really busy at their thanks to the fog and drizzle under the accident on the east side -- outer loop traffic on the east side. on average, 17 miles per hour. pretty big backup on southbound 9-95 for mountain road to the 895 split. if you want to head south of harrisburg expressway, to mount carmel expect -- delays from padonia down to mount carmel. this delay extends back to greenspring all the way down to edmondson. 795, about a 24-minute travel time. you can see how heavy and foggy it is. tapping the brakes big-time all the way towards the beltway. southbound 795 out of owings mills in the red. lingering delays on 295 making a reports 32. that is the latest on traffic pulse 11. >> dog is still pretty thick in most nei
>> how about ross to wear the dickey and nothing else? >> we treat interns so well, so incredibly well. >>> we'll chat with the cast of "les miserables" but first we'll look at some local news. >> this is wbal-tv 11 news today in baltimore. >> good morning. i am mindy basara. here is traffic pulse 11 and sarah caldwell. >> really busy at their thanks to the fog and drizzle under the accident on the east side -- outer loop traffic on the east...
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Dec 11, 2012
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right now, let's bring in our coworkers, joe kernen and andrew ross sorkin. thank you. good to see you. >> good to see you, too. >> it wag something to see when we -- well, i'm not going to go into it. but we hugged it out. >> a big bro man. >> the only thing is, you weren't here, which made it bittersweet. >> we'll have her back tomorrow. >> we will. >> we'll see you tomorrow. we hope you had a good trip down on the amtrak. >> i did. >> hopefully you had the bison chili. >> no. there was no bison chili this time. it was steak or a shrimp pasta or -- >> really? >> yeah. >> i've had the shrimp pasta. >> i had the salad. >> i won't eat bison anywhere but on the amtrak. >> sound policy. >> we'll have more from becky and jim cramer will join her in d.c. for now, let's get up on the morning's top stories. the fed is hold ago two-day meeting in washington and a news conference by bernanke is set for tomorrow afternoon. operation twist expires at the end of this month. the central bank is expected to maintain its purchase of bonds with longer maturities. and we'll talk more ab
right now, let's bring in our coworkers, joe kernen and andrew ross sorkin. thank you. good to see you. >> good to see you, too. >> it wag something to see when we -- well, i'm not going to go into it. but we hugged it out. >> a big bro man. >> the only thing is, you weren't here, which made it bittersweet. >> we'll have her back tomorrow. >> we will. >> we'll see you tomorrow. we hope you had a good trip down on the amtrak. >> i did. >>...
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Dec 6, 2012
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. >> i also remember ross perot got 22% of the vote that time. >> you're saying that the threat to pull the plug on any representative who took the pledge is far greater than any desire to rise above. >> they like being members of congress. there's no doubt about that. >> they do, don't they. >> yes, they do. >> don't mention pumps. . >> when we come back this morning, a new report finds that exporting nat gas will actually help the u.s. economy, but not every day is a winner. >>> vice chairman alan blinder will tell us what he thinks. >>> a new study from the federal government shows exporting u.s. natural gas overseas has the potential to reshape the global energy markets. the obama administration has said the study will be central to the decision on whether to export. he said exporting the gas would be a bigger impact on the economy. >> slap in the face of dow chemical. of coke, not coke the beverage company. but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical co
. >> i also remember ross perot got 22% of the vote that time. >> you're saying that the threat to pull the plug on any representative who took the pledge is far greater than any desire to rise above. >> they like being members of congress. there's no doubt about that. >> they do, don't they. >> yes, they do. >> don't mention pumps. . >> when we come back this morning, a new report finds that exporting nat gas will actually help the u.s. economy, but...
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Dec 3, 2012
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now ross lynn carter -- and this is so ironic, because in many ways president carter was probably one of the most dysfunctional presidents, or at least didn't have the efficacy to ever put together a record that was to be proud. but the first lady had one of my all-time favorite quotes and i've used it before. we're going to show it on the screen. a leader takes people where they want to go. a great leader takes people where they don't necessarily want to go, but ought to be. so let's go over this one more time. today we had senator warner on. and you know what, i really liked a couple things he said. because what he said was, is think outside the box. see, we need to get away from the blame game, get away from the red herring. he says, well, start a debt reduction sinking fund. i haven't heard that idea. there are many ideas, but the point is, is that the president has a legacy to protect. okay? many people, including, you know -- we had jim bianco on last week and were talking about where the leverage is, and it's unfortunate, politics is about leverage. what i said is, i think the
now ross lynn carter -- and this is so ironic, because in many ways president carter was probably one of the most dysfunctional presidents, or at least didn't have the efficacy to ever put together a record that was to be proud. but the first lady had one of my all-time favorite quotes and i've used it before. we're going to show it on the screen. a leader takes people where they want to go. a great leader takes people where they don't necessarily want to go, but ought to be. so let's go over...